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Truist gets an earnings boost from its investment banking unit


Truist Financial is one of several U.S. regional banks with larger capital markets businesses that reported year-over-year increases in fee income for the first quarter. Read more:- https://www.americanbanker.com..../news/truist-gets-an

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After several quarters of slumping investment banking and trading fees, the Charlotte, North Carolina-based company reported a big uptick from that division, which helped compensate for a large decline in net interest income.